AUDUSD is dropping down into support prior to the UK Open today. With ADP’s Employment data release later today forecasted at 428K jobs added (an increase from the previous 374K jobs added) we may see continued downside below the support at 0.72550. From there I will be watching for a solid press through support to follow the movement down to the 0.7180 level. Alternatively, if price bounces at support we may see recent highs tested again at 0.7300.